Insights: Using Analytics and A.I. to Automate and Streamline Your Revenue Cycle
Download MP3In this episode of the MGMA Insights podcast, we’re joined by Matt Seefeld, Executive Vice President of MedEvolve. Seefeld has more than 20 years of healthcare management consulting experience and specializes in revenue cycle technology development and process improvement.
You can hear Seefeld speak with co-presenter Andrea Vitalich on “Using Analytics to Automate and Streamline Practice Management and Revenue Cycle” at MGMA20 | The Financial Conference, March 5-7 in Nashville. Still need to reserve your spot? Tune in to this week's episode for an exclusive discount for podcast listeners. For more information or to register, visit mgma.com/TFC20.
To access Seefeld’s on-demand MGMA webinar on “A.I.-Driven Workflow Automation: Leveraging New Technologies to Boost Revenue Cycle Productivity and Performance,” which is eligible for ACMPE and CEU credit, visit bit.ly/2H6bGxi.
To browse the articles, webinars, case studies and other thought leadership content Seefeld referenced in the show, visit MedEvolve.com/resources.
Don’t quite have time to listen to the entire episode? No worries. We’ve compiled a couple highlights from Seefeld’s interview for your convenience:
• (12:06) “If you can’t measure it, you can’t improve off of it, and if you can’t improve off it, you can’t get the results.”
• (31:51) “There are three components to success in revenue cycle: It’s people, it’s processes and it’s technology. And you have to have ways to analyze and measure performance around those areas in close to real time as possible. You get that right, you’re in a much better shape.”
Here are some links and reference related to this week’s show:
• Healthcare AI market expected to surge from $2.1 to $36.1 billion by 2025 (bit.ly/2ujNhBH)
• Insights: Taming and innovating your revenue cycle management model (bit.ly/39b1PlE)
• How a 70-physician specialty practice centralized RCM processes – 5 insights (bit.ly/31EE1nF)
• Using Artificial Intelligence to Advance Revenue Cycle Management (bit.ly/3bmmNQD)
• Why Workflow Automation Works: 4 Benefits of Swapping Spreadsheets For A Streamlined, Data-Driven Approach (bit.ly/2SiqxuN)
If you like the show, please rate and review it wherever you get your podcasts. Subscribe on Apple Podcasts (apple.co/368IdOB), Google Play (bit.ly/2paMqAJ), Spotify (spoti.fi/2Nwu59p), Stitcher (bit.ly/2NmAF1M) or countless other platforms to make sure you never miss an episode.
We love hearing from listeners about the show. If you have topics you’d like us to cover or experts you’d like us to interview, email us at podcasts@mgma.com or reach out to MGMA Sr. Editor and podcast host Daniel Williams on Twitter at @MGMADaniel.
MGMA Insights is presented by Decklan McGee, Rob Ketcham and Daniel Williams.
In this episode of the MGMA Insights podcast, we’re joined by Matt Seefeld, Executive Vice President of MedEvolve. Seefeld has more than 20 years of healthcare management consulting experience and specializes in revenue cycle technology development and process improvement.
You can hear Seefeld speak with co-presenter Andrea Vitalich on “Using Analytics to Automate and Streamline Practice Management and Revenue Cycle” at MGMA20 | The Financial Conference, March 5-7 in Nashville. Still need to reserve your spot? Tune in to this week's episode for an exclusive discount for podcast listeners. For more information or to register, visit mgma.com/TFC20.
To access Seefeld’s on-demand MGMA webinar on “A.I.-Driven Workflow Automation: Leveraging New Technologies to Boost Revenue Cycle Productivity and Performance,” which is eligible for ACMPE and CEU credit, visit bit.ly/2H6bGxi.
To browse the articles, webinars, case studies and other thought leadership content Seefeld referenced in the show, visit MedEvolve.com/resources.
Don’t quite have time to listen to the entire episode? No worries. We’ve compiled a couple highlights from Seefeld’s interview for your convenience:
• (12:06) “If you can’t measure it, you can’t improve off of it, and if you can’t improve off it, you can’t get the results.”
• (31:51) “There are three components to success in revenue cycle: It’s people, it’s processes and it’s technology. And you have to have ways to analyze and measure performance around those areas in close to real time as possible. You get that right, you’re in a much better shape.”
Here are some links and reference related to this week’s show:
• Healthcare AI market expected to surge from $2.1 to $36.1 billion by 2025 (bit.ly/2ujNhBH)
• Insights: Taming and innovating your revenue cycle management model (bit.ly/39b1PlE)
• How a 70-physician specialty practice centralized RCM processes – 5 insights (bit.ly/31EE1nF)
• Using Artificial Intelligence to Advance Revenue Cycle Management (bit.ly/3bmmNQD)
• Why Workflow Automation Works: 4 Benefits of Swapping Spreadsheets For A Streamlined, Data-Driven Approach (bit.ly/2SiqxuN)
If you like the show, please rate and review it wherever you get your podcasts. Subscribe on Apple Podcasts (apple.co/368IdOB), Google Play (bit.ly/2paMqAJ), Spotify (spoti.fi/2Nwu59p), Stitcher (bit.ly/2NmAF1M) or countless other platforms to make sure you never miss an episode.
We love hearing from listeners about the show. If you have topics you’d like us to cover or experts you’d like us to interview, email us at podcasts@mgma.com or reach out to MGMA Sr. Editor and podcast host Daniel Williams on Twitter at @MGMADaniel.
MGMA Insights is presented by Decklan McGee, Rob Ketcham and Daniel Williams.
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Are your patients concerned about out-of-pocket costs? Is your practice looking for a way to help address those concerns and improve the patient experience? Then, you may want to consider offering the CareCredit credit card as a payment option. For over thirty-five years, CareCredit, a Synchrony solution, has been offering patients a way to pay for health and wellness expenses not covered by insurance. CareCredit can seamlessly integrate with your business and offer a valuable financing option for your patients so they can pay for services or products over time to help fit their budget. To learn more about how CareCredit works for you and your patients, visit www.carecredit.com/mgmapodcast.
NextGen
Looking to transform your healthcare practice with AI? NextGen Healthcare is leading the way by leveraging artificial intelligence. It is helping practices improve efficiency, streamline workflows, and enhance patient outcomes. From predictive analytics to automating routine tasks, NextGen Healthcare's AI solutions are revolutionizing the delivery of care. Don't miss out on the future of healthcare innovation. Visit https://www.nextgen.com/ today to learn how NextGen Healthcare can help you drive efficiency and elevate patient care.
